Articles by Emmanuel Kenning
Aviva pays out record £300,000 repair claim
Aviva has confirmed that following a crash in September last year, it has paid £300,000 to repair a Pagani Zonda S.
Ecclesiastical back in the black
Ecclesiastical has announced a return to profit in 2009 with pre-tax results of £79m, the second highest in its history. The profit is in marked contrast to last year’s loss of £22.5m.
Markel raids Allianz for hull and war underwriter
Markel International, the specialty property and casualty insurer, has appointed Daniel McCarthy as an underwriter in the hull and war team within its marine and energy division.
Canopius reports record results
Canopius Group, a privately-owned Lloyd’s insurance underwriting business, today announced a record performance for the year ended 31 December 2009.
Report shows UK business insolvencies down 15% year-on-year in February
The latest Insolvency Index from information services company Experian has revealed a year-on-year fall in business insolvencies during February.
Lorega raids Axa for broker business development manager
Loss recovery insurance specialist Lorega has appointed Jonathan Mainwaring as broker business development manager for the southern region.
Allianz wins Darren Bent credit hire appeal
Allianz has today (18 March) won a ruling at the Court of Appeal which returns the credit hire related case of England striker Darren Bent back to court in Cambridge.
PPI reimbursement could cost up to £3bn, warns report
The Financial Services Authority (FSA) consultation document on Payment Protection Insurance (PPI) mis-selling has costly and serious ramifications for the PPI industry, according to Defaqto.
PB Week: Thinking about the election
Last week, dear reader(s) I brought to you the furore surrounding the compulsory dog insurance proposal from the government, writes Emmanuel Kenning, reporter at PB.
Plum unveils aggressive growth plans
Non-standard household specialist Plum Underwriting has announced its intention to accelerate the growth of the business over the next two years.
PB Week: It’s a dog’s life, but who pays the insurance?
According to the Government a dog is not just for Christmas, it is should be for Lloyd’s too, writes Emmanuel Kenning, reporter at PB.
PowerPlace develops its RSA and NIG offering
PowerPlace has announced the launch of RSA’s motor trade along with pubs & restaurants from NIG on its online commercial insurance marketplace.
Report reveals 54% rise in false insurance claims
False insurance claims and identity fraud is on the rise according to a report by fraud prevention service the Credit Industry Fraud Avoidance System (Cifas).
Record profits at Amlin
Amlin has announced £509.1m in profits for the year ended 31 December 2009 compared to £121.6m and an improvement in its combined ratio to 72% (2008: 76%).
Industry responds to Geneva Association report
The insurance industry has responded positively to The Geneva Association’s report, Systemic Risk in Insurance.
No systemic risk from insurance core activities reports The Geneva Association
International insurance think tank, The Geneva Association, has published its report, Systemic Risk in Insurance.
Fortis strengthens senior management team
Fortis UK has appointed Andy Watson to its executive team in the new role of managing director, retail, with immediate effect.
Rise in complaints to Financial Ombudsman Service
Data released by the Financial Ombudsman Service (FOS) has shown an 18% increase in new complaints to 82,136 for the second half of 2009 compared with the first six months of the year.
Profits fall by nearly a third at RSA
Year end results from insurer RSA show profits after tax fell by 28% in 2009 compared to 2008.
PB Week: Meetings, the dentist and an Irish launch
As European business development director at APC Underwriting my focus is firmly on opening up new markets and growing our key broker accounts, writes Graham Young.
Survey ranks Lloyd’s as strongest insurance brand
Lloyd’s was today announced as one of the UK’s leading business brands - ranking first in the insurance sector and 40th overall - in the 2010 Business Superbrands survey.
CFC Underwriting raids THB for new finance director
Specialist lines underwriting agency, CFC has announced the appointment of Michael Grist as finance director.
SSP adds to insurer division
Technology firm SSP has appointed Martin Houston to the role of business development director for its insurer division.
Biba to host economic outlook forum
The British Insurance Brokers’ Association (Biba) is to host a pre-election forum at the City of Manchester Stadium on 25 March 2010.